IFCI at HVN Support, Close Above 17.5, can buy for a target of 21.5
Volumes greater than 5 Day SMA Volume
*** Don't just depend of price action, its always good add a fundamental angle to trading :). Volume Profile gets you that.
My Disclaimer -
I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole risk and...
Go long in IFCI.
As per Fibonacci analysis, it has shown 100% drawdown wrt previous fall and has maintained to close above 0.3 fibs ratio.
Expect further upside to 26.3 levels in 3-4 trading sessions with a SL of 25.1